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What is the best TimeFrame to trade?


areste

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Well, most of the traders know that price changes with change in time. Hence, time is an important factor. There are several periods of time based on which analytical skills of traders can be applied in order to achieve maximum profits. There are many Time Frames, presented in most platforms offered by today`s brokers, so that the client is completely satisfied. The most popular forex trading platform is MT4 which offers the Time Frames below:

 

M1 | M5 | M15 | M30 | H1 | H4 | D1 | WK1 | MN1

 

Out of the periods mentioned above, M1 and M5 are mostly used by scalpers who want to always be active with some trade floating their equity. The M15 and M30 are preferred by short term traders who intend to make about 50-100 pips from each trade. The H1 and H4 are used by medium term traders who would project profits in 100-500 pips per trade. The D1, WK1 and MN1 are massive time frames mostly popular among big financial institutions and even some hedge funds and of course some long term traders out of a general audience.

 

I usually trade the M15 and M30 looking at H4 chart for the bigger trend.

Feel free to comment your thoughts!

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Re: What is the best TimeFrame to trade?

 

Hi,

 

The best timeframe to trade depend on individual trader.

For myself, I only can trade using the D1 timeframe as it suit

my lifestyle.

 

Find one that suit yourself & lifestyle & habit. Trading is all

about 'winning' ourselves & becoming better, not against

the market or anyone.

 

Just my 2nd cents of comment.

 

\m/

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Re: What is the best TimeFrame to trade?

 

Hi,

 

The best timeframe to trade depend on individual trader.

For myself, I only can trade using the D1 timeframe as it suit

my lifestyle.

 

Find one that suit yourself & lifestyle & habit. Trading is all

about 'winning' ourselves & becoming better, not against

the market or anyone.

 

Just my 2nd cents of comment.

 

\m/

 

 

I like what learningfx said about it .. there is only one more thing I think determines your best TF, and that is actually your STRATEGY :D .. I can have my preferences about this and that TF, but when I find the strategy that intrigues me I adjust very fast to it any TF :">

 

Sorry if my English is :P

 

Barbara

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  • 1 month later...

Re: What is the best TimeFrame to trade?

 

In my opinion it's better to trade with all time frames chart

You can see a big view of price through bigger time frame.

Through smaller time frame you can entry your trade with a smaller dherrawdown.

They complete each other

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  • 2 weeks later...
  • 4 weeks later...
Depending with your margin; if you start with only less then $1000 better use small TimeFrame so your StopLoss is small too, example if you only have only $20 with leverage 1:1000 (Micro); and your system have StopLoss 30 Pips & you trade with GBP/USD better you use m1 TimeFrame so the StopLoss 30 Pips is hard to get hit, BUT if your margin si more then $1 Million, better use TimeFrame Daily & use Leverage max 1:10 (Ideal 1:2). This is just My Opinion.
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